Pvt co loan

Any money taken from the shareholders will now be treated as Deposit under companies act, 2013 w.e.f. 01/04/2014. As Its is optional on part of company to repay the loan taken from shareholders. If the company pay intends to repay then it had to file DPT 4 before June 30, 204.

And if the comapny does not want to repay the money to the shareholders, then that will assume as non-compliance under section 74(3) and company will have to pay a minimum fine of rs. 1 crores. 

So as per law, its mandatory but for a company it is optional. The officers of company may think upon which option to chosse, either to repay or to pay fine.